American Tower Corporation cell towers contacted us

by Jeff
(NC)

American Towers wants to put a cell tower on our property in North Carolina. They are offering $500 a month. That's it, no extra rent if they get another cell phone company to put their antennas on the tower that is going to be on my property. Also their lease says that they can cancel at any time.

1. I have gone on the internet and I can see that people are getting a lot more than $500 a month for cell tower rental and I don't want to get ripped off but I think they will go somewhere else if I ask for more. The cell tower lease seems pretty complicated.

2. I read that cell towers might become obsolete with new technology, so if it does will they take down the tower?

3. Do these cause cancer?

4. What if a tower worker falls off the tower and is injured or killed on my property? Am I responsible? Do I need to get additional insurance?

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Apr 16, 2011
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American Tower lease terms
by: Tower Genius

Jeff: American Tower is building all over the Southeast and the standard offers property owners are seeing from their leasing reps are about $500 to $750 per month. They usually are not offering any revenue share, or they will tell you that they can't because the site is rural, etc. Unless you have the IDEAL location, the site acquisition consultant working for American Tower will push hard to get you to sign or let you know that your neighbor across the street will sign for $450.

There are 2 kinds of property owners... the quick and the dead. You need to move quickly in most cases because they leasing agent will not sit around too long waiting for you because they are on commission and get paid for bring in a lease.

Most of the American Tower sites are either being built for US Cellular or AT&T, not Verizon Wireless, so try to find out who the carrier is because that could give you more leverage in negotiating the deal.

Answers to your questions:

1. You are not getting ripped of if you take a deal for $500 a month, merely insulted and laughed at by the site acquisition rep after you sign the lease.

2. Cell towers are NOT going to become obsolete. That stupid article came out from Bell Labs about the Rubik's cube cell tower killer technology and everyone thinks that because they published it on the internet, it must be 100% factual. If this technology was going to replace cell towers, why has American Tower spent millions of dollars since that article was published 2 months ago building new towers? Why is AT&T spending money on new towers?

3. Cell towers do not cause cancer. Diet soda causes cancer.

4. If a tower worker falls off the cell tower and is injured or killed on your property you are indemnified and held harmless if we are the company that you hire to review and negotiate your cell tower lease. We will make sure that you have the correct language that protects you.

Call us at 888-313-9750 to discuss how we can help you with your ATC lease.

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